I have been listing and selling Stanislaus County Short Sales for a few years now. I thought I had heard pretty much everything that the banks could do to mess up a sale. But what I was told today is a new one on me. I haven't heard about this from anyone else either. Maybe the bank is using some kind of new math!
Not too long ago the bank came back with a counter offer on one of my Stanislaus County Short Sales. The property was listed at … (6 comments)
stanislaus county short sale agent: Why the %#&@ do they call them short sales when they take so long?
- 08/30/12 09:44 AM
Why the %#&@ do they call them short sales when they take so long? I have been asked that question a few times as a Stanislaus County Short Sale Agent. Unfortunately the short in Short Sale has nothing to do with time. It has everything to do with the amount of money the lender is (or isn't) getting. Way way back in the old days of real estate, way back at the turn of the 21st century things were different here in Stanislaus County. (Yes I really can remember that far back) Back then when someone wanted to sell their home … (30 comments)
If you have your home listed as a Stanislaus County Short Sale you will find out that one step in the process will be pretty easy. Right now the easiest part of a Stanislaus County Short Sale is getting offers. Pretty much anyone can put a sign in your yard and get an offer or several offers with out even trying. With the low inventory and great interest rates available homes are selling fast here in Stanislaus County. Multiple offers are pretty much expected now. But once you receive all … (3 comments)
stanislaus county short sale agent: Stanislaus County Short Sales - Do You Qualify For a Short Sale?
- 01/18/12 11:53 AM
Stanislaus County Short Sales - Do You Qualify For a Short Sale? If you are falling behind in your mortgage payments and you owe more than your home is worth you might be thinking about a Stanislaus County short sale. Almost everyone by now has heard of a short sale. That's when you sell your home for less than what you owe on it and your mortgage company accepts the amount you sell it for. But your mortgage company will not agree to a short sale just because you are upside down in your mortgage. You must have a verifiable … (4 comments)
stanislaus county short sale agent: Stanislaus County Short Sales - NOW is the time to get started!
- 12/27/11 01:07 PM
Stanislaus County Short Sales - NOW is the time to get started! Many people that are thinking about selling their homes want to wait until after the first of the year to do so. If that is you , now is the time to start SERIOUSLY thinking about listing your home. It's especially important if you are behind in your mortgage and underwater and are thinking about doing a short sale on your home. Many of the banks and mortgage servicers held off on foreclosing on homes during the holidays, like they have for the last few years. Now that … (4 comments)
Now that you have gone through STEP 1 and STEP 2 and have your home listed as a Stanislaus County Short Sale it's time to move on to Step 3. Step 3 is what happens when you receive an offer on your home. The first part of what happens when you receive an offer is just like it would be if you were selling your home in a traditional sale. Once you receive an offer (or offers) on your Stanislaus … (4 comments)
Now that you have gone through STEP 1 and found your experienced Stanislaus County Short Sale Specialist it's time to move on the Step 2. This step is not as daunting as you have probably heard. If you have tried doing a loan modification you probably already have most of the required paper work. A lot of people ask me since I have already sent all the paper work to the bank when I tried to modify why do I … (0 comments)
stanislaus county short sale agent: I am a Very Thankful Stanislaus County Short Sale Agent
- 11/23/11 08:51 AM
I am a Very Thankful Stanislaus County Short Sale Agent I would like to take this time of Thanksgiving and say THANK YOU to all the families that entrusted me with the sale of your home this year. I know most of you were facing a very tough decision and I am Thankful that you chose me to help you out in a very difficult time in your life. I would also like to take this time to say THANK YOU to all of those people that allowed me to help them with the purchase of a home this year. … (7 comments)
stanislaus county short sale agent: Stanislaus County Short Sales - Where the market is headed!
- 11/18/11 01:43 PM
Stanislaus County Short Sales - Where the market is headed! People ask me quite often where I think the market is heading. That can be a tricky question to answer as it seems like the market is constantly changing these days. A couple of years ago bank owned homes (REO) were completely dominating the market. A few brave souls, agents and sellers, tried short sales. It wasn't that long ago that the mere mention that a property was a short sale would send both the agent and buyer screaming in the opposite direction. Everyone had heard the horror stories about the … (1 comments)
stanislaus county short sale agent: Stanislaus County Short Sales - Is Your Agent Really Helping You?
- 11/09/11 01:17 PM
Stanislaus County Short Sales - Is Your Agent Really Helping You? Is your Stanislaus County Short Sale Agent really helping you get your home sold? Or is your agent just sticking a sign in the yard and hoping it will sell? It takes a little bit more than that to get your home sold in a timely manner. If you are facing foreclosure sometimes time is not on your side. You may be staring down a foreclosure date. Shouldn't your agent be doing all that he can do to help? I saw an example today of a short sale agent … (4 comments)
I have been asked a couple of times in the last month "If we list our home as a Stanislaus County short sale can we stay in it through the holidays?" Fortunately this is one of the easier questions to answer. Almost certainly you will be able to stay in your home through out the holidays if you list it now. The one exception MAY be if your home has a Wachovia Mortgage because they move VERY fast on their short sale approvals.
In October … (3 comments)
stanislaus county short sale agent: Is that Rental too good to be true? It Probably is!
- 10/18/11 12:36 PM
Is that Rental too good to be true? It Probably is! Here in Stanislaus County and most of the California's Central Valley, Foreclosures and Short Sales are driving the real estate market. Almost everyone that has gone through a foreclosure or had to sell their home in a Stanislaus County Short sale has to find a new place to live in a short amount of time. Don't be careless in your decision on what to rent because you are feeling the pressure of limited time. Unfortunately there are people out there that are waiting to take advantage of you. I … (5 comments)
stanislaus county short sale agent: I Want To Short Sell My House To My Son
- 10/13/11 10:26 AM
I Want To Short Sell My House To My Son Being a Stanislaus County Short Sale Agent on more than one occasion I have had a seller ask me if they can do a short sale on their home and sell it to their son or daughter or brother or some other family member. I think in a round about way what the seller really means is that they are going to stay in the home. They hope that a family member can buy the home and they can stay in it and make the payments for the family member. … (6 comments)
As a Stanislaus County short sale agent I hear from people all the time that have tried to modify their mortgage. It is pretty much the same story every time. Usually they have been trying for several months to get the modification approved. On many occasions I am told about how the bank keeps asking for the same documents over and over, usually because they have lost them. Or I hear from them that what their lender finally proposed was not much help at all.
Most of the time these people end … (2 comments)
stanislaus county short sale agent: Stanislaus County Short Sales - Why do I Need All That Personal Information?
- 09/27/11 01:21 PM
Stanislaus County Short Sales - Why do I Need All That Personal Information? When you decide to sell your Stanislaus County home in a Short Sale there will be several forms that I will ask you to fill out. Some of them will be required by your lender and some are forms that I require. As a Stanislaus County Short Sale Agent I have learned a thing or two about how to make the process go a bit smoother. One of the forms I will have you fill out is a Statement of Information. This form asks for a lot … (2 comments)
Related Links:
Jim Patton
Realtor - Stanislaus ,Merced, San Joaquin Counties
The Bank's New Math - Stanislaus County Short Sale Adventures
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